Masternodes on a highly secure PoS blockchain

What is Stakenet?

Stakenet is a decentralized economy on a PoS blockchain. With Lightning Network, Masternodes, DApps, and a Lightning DEX.

This economy is backed by its own digital money — XSN. It is among the first next to Bitcoin and Litecoin to ever perform Lightning Swaps, has amazing Cross-Chain capabilities and utilizes enhanced security algorithms.

Powerful Masternodes provide the network services and it is the first
blockchain secured by a Trustless Proof of Stake (TPoS) consensus, resulting in one of the highest level of security
among existing PoS networks.

The treasury is a cryptographically sealed public
address that holds money allocated to it by the network

No centralized entity owns or has access to the money
in the treasury.

Funds proposals must be submitted and voted
democratically by the Masternodes.

It's effectively owned by no one and everyone at the
same time.

Governance

The Stakenet's governance is a truly decentralized
democracy

Stakenet is a Decentralized Autonomous Organization that is run through unbreakable rules, encoded and maintained on our blockchain.

It doesn't have a centralized leader. Instead, we
created a management mechanism that takes credit for the needs of
all individuals involved.

Stakenet holders govern the protocol and vote to
implement the best possible innovations.

Masternode owners have voting rights — one Masternode equals
to one vote.

Services

Different teams are innovating and building on top of Stakenet

Either by burning the proceeds these services can bring -thus decreasing the supply of the coin- or by sending this money to the Treasury for further developments, it's ensured that services within the Stakenet ecosystem will end up benefiting XSN.

Featuring the Lightning DEX Stakenet dx, powered by XSN Masternodes who will manage the Lightning Swaps and earn all of its fees.

The Stakenet DApp framework will enable third parties to develop powerful tools to provide their services in and for Stakenet.